SAMI Aerospace has signed a contract with Airbus Helicopters Arabia to support SAMI in building its technical capabilities to provide rotercraft technical support to Saudi Armed forces.
The engine-maker says it has performed the world’s first test in simulated altitude conditions of a megawatt-class and multi-kilovolt hybrid-electric propulsion system.
Rolls-Royce engineers have used digital tools and rapid manufacturing techniques to develop an entirely new turbofan engine concept from scratch in just 18 months.
Financial analysis firm Jefferies is the first to recommend a “buy” rating on an advanced air mobility stock, citing a $7.30 price target for Eve Holding versus its current price, $6.75.
“Transaction values and volumes declined in the first half of 2022 despite rising geopolitical tensions, most notably the war in Ukraine,” says PwC’s midyear A&D outlook.
As Farnborough bursts back onto the global events scene, advanced air mobility—a market that has gained in prominence over the pandemic—is high on the agenda.